Kanye West loses billionaire status

Jay-Z maintained his position as the wealthiest hip-hop artist, while Kanye West reportedly lost his billionaire title as a result of brands refusing to collaborate with him.

Former Forbes editor Zack O’Malley Greenburg included a “remix” of the Hip-Wealthiest Hop’s Artists article he produced for the publication, in which P. Diddy or Diddy became a billionaire.

Due to investments in Roc Nation entertainment, Rihanna’s Savage x Fenty, Fenty Armand de Brignac champagne, and real estate, Jay-total Z’s net worth reached a record high of $1.5 billion (P87 billion).

Diddy surpassed the 10-figure threshold as a result of his Ciroc vodka brand, a half-stake in DeLeón tequila, and the entertainment brand Revolt, in addition to his own music portfolio and many start-up ventures.

Keep Reading

Despite labels such as Adidas and Balenciaga severing relations with him, West ranked third because he owns the rights to his records and songs and has a 5% share in his ex-wife Kim Kardashian’s shapewear line, Skims.

“If West continues on his current path, he could face a cash crunch that could force him to sell or borrow against his significant assets,” observed Greenburg.

Following West are Gilbert “Berner” Milam at No. 4 with a 30% share in the Cookies cannabis empire and Dr. Dre at No. 5 with a current net worth of approximately $400 million (P23 billion) after personal and charitable expenditures.

The estimated aggregate worth of the five artists is $3.8 billion (P220 billion), a 20% increase from pre-pandemic levels.

Katherine S

1/4 German, 3/4 Malaysian. I write, follow and monitor closely political news happening in Malaysia, and other happening news in the ASEAN region. Newswriter for the best ASEAN news website - The Asian Affairs.

Recent Posts

Could Westeros Dragons Soon Soar into the Big Screen? ‘Game of Thrones’ Film Reportedly in Early Development

HBO's Game of Thrones has created a void in the fantasy world of television that no other show has quite…

November 1, 2024

Preparing for U.S. Election Impact: Sen. Imee Marcos Urges Self-Reliant Defense Amid Uncertain Times

Head of the Senate Committee on Foreign Relations, Senator Imee Marcos underlined the need of the Philippines getting ready for…

November 1, 2024

Strengthening Ties: UAE’s Minister of Tolerance Embarks on a Historic Visit to Indonesia

Not too long ago, Sheikh Nahayan Mabarak Al Nahyan, the prestigious Minister of Tolerance and Coexistence of the United Arab…

November 1, 2024

Box Office Battle: Singham Again and Bhool Bhulaiyaa 3 Set for Epic Diwali Clash

Two big banner movies of Bollywood are preparing for a festive season box office battle as ‘Singham Again’ starring Ajay…

November 1, 2024

Apple Launches MacBook Pro with Revolutionary M4 Chip Family, Starting at ₹1.69 Lakh in India

The new MacBook Pro series takes Apple’s premium laptop offering to the next level, thanks to the new M4 family…

October 31, 2024

North Korea’s New ICBM Launch: An Assertive Display of Strength Amid Global Tensions

With a record-setting intercontinental ballistic missile (ICBM) test, North Korea boldly claimed it as the "world's most powerful strategic deterrent."…

October 31, 2024

This website uses cookies.

Read More